We are partners in a large agricultural land that we want to divide into small plots, but circumstances have prevented us from dividing it, including the stagnation of the real estate market. Is zakah obligatory on us for it?
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The questioner : He says: We are partners in a large agricultural land that we want to divide into small plots, but circumstances have prevented us from dividing it, including the stagnation of the real estate market. Is zakah obligatory on us for it?
The Shaykh : Yes, if you are real estate owners in the sense that you sell and buy lands, then zakah is obligatory on you.
However, if this land was inherited by you from a father or someone else, and you want to sell it when the sale becomes easy, or divide it when it becomes easy, then there is no zakah on it for you. This is because zakah on real estate, lands, and similar things is only obligatory for the one who trades in them, i.e., a real estate owner who sells and buys. As for a person who has real estate and is pleased to part with it, and wants to sell it and has put it up for sale, there is no zakah in it. Yes.
The Shaykh : Yes, if you are real estate owners in the sense that you sell and buy lands, then zakah is obligatory on you.
However, if this land was inherited by you from a father or someone else, and you want to sell it when the sale becomes easy, or divide it when it becomes easy, then there is no zakah on it for you. This is because zakah on real estate, lands, and similar things is only obligatory for the one who trades in them, i.e., a real estate owner who sells and buys. As for a person who has real estate and is pleased to part with it, and wants to sell it and has put it up for sale, there is no zakah in it. Yes.